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Preview 17. The Make-or-Buy Decision: Lessons from Empirical Studies pdf file

The “transaction cost” theory of the firm introduced by Coase (1937) has .... The Make-or-Buy Decision: Lessons from Empirical Studies 437 ... function of certain properties of the underlying transaction or transactions: ..... tions, and risk as determinants of vertical integration. ..... is by making other, “offsetting” investments.



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